PNC Financial Services Group Inc. Raises Holdings in Direxion Daily Technology Bull 3X Shares $TECL

PNC Financial Services Group Inc. lifted its position in shares of Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL) by 14.5% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 63,020 shares of the exchange traded fund’s stock after acquiring an additional 8,000 shares during the quarter. PNC Financial Services Group Inc. owned approximately 0.19% of Direxion Daily Technology Bull 3X Shares worth $5,454,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in TECL. BankPlus Trust Department bought a new position in Direxion Daily Technology Bull 3X Shares during the fourth quarter worth about $47,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Direxion Daily Technology Bull 3X Shares by 99.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 601 shares of the exchange traded fund’s stock valued at $56,000 after buying an additional 300 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of Direxion Daily Technology Bull 3X Shares during the 4th quarter valued at approximately $88,000. Raymond James Financial Inc. bought a new position in Direxion Daily Technology Bull 3X Shares in the 2nd quarter worth approximately $94,000. Finally, Wealth Watch Advisors INC bought a new position in Direxion Daily Technology Bull 3X Shares in the 3rd quarter worth approximately $117,000.

Direxion Daily Technology Bull 3X Shares Trading Down 2.5%

Direxion Daily Technology Bull 3X Shares stock opened at $172.59 on Tuesday. Direxion Daily Technology Bull 3X Shares has a 1-year low of $75.16 and a 1-year high of $275.40. The firm has a market capitalization of $5.01 billion, a price-to-earnings ratio of 36.87 and a beta of 4.11. The firm has a 50 day simple moving average of $210.84 and a 200 day simple moving average of $151.48.

Direxion Daily Technology Bull 3X Shares Profile

The Direxion Daily Technology Bull 3X Shares (TECL) is an exchange-traded fund that is based on the Technology Select Sector index. The fund provides 3x leveraged exposure to a market-cap weighted index of US large-cap technology companies. TECL was launched on Dec 17, 2008 and is managed by Direxion.